2/22 Polwarth Street, Colac, VIC 3250 | Property Value & History | OnTheHouse
 
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2/22 Polwarth Street
Colac VIC 3250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 85m2
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Property Details for 2/22 Polwarth St, Colac

2/22 Polwarth St, Colac is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 85m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Floor Size
97m2
Land Size
85m2
Local Government
Colac Otway
Lot/Plan
2/SP31275

Last Listing description (October 2022)

Set within walking distance to the CBD and around the corner from IGA supermarket, this one bedroom unit is perfectly suited to an investor or retiree.
The compact unit offers a generous north facing lounge which is open with the kitchen, offering plenty of storage and electric cooking. The large light filled bedroom provides built in robes. A spacious bathroom is combined with the laundry and provides shower and separate toilet. Outside, the generous courtyard would be perfect for the garden enthusiast with plenty of scope to further develop,
Nestled in a convenient location within easy walking distance to the Botanic Gardens and CBD, this great value property would be a fantastic addition to the investment portfolio or as a downsizer.

Property History for 2/22 Polwarth St, Colac, VIC 3250

A timeline of how this property has performed in the market
Last Sold
$239,000
30 Sep 2022
  • 30 Sep 2022
    Sold for $239,000
  • 31 Aug 2022
    Listed for Sale $239,000
  • 28 Jul 1998
    Sold for $35,000
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About Colac 3250

The size of Colac is approximately 37.5 square kilometres. It has 20 parks covering nearly 2.3% of total area. The population of Colac in 2016 was 9048 people. By 2021 the population was 9243 showing a population growth of 2.2% in the area during that time. The predominant age group in Colac is 20-29 years. Households in Colac are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Colac work in a labourer occupation.In 2021, 65.80% of the homes in Colac were owner-occupied compared with 66.60% in 2016.

Colac has 5,772 properties. Over the last 5 years, Houses in Colac have seen a 39.33% increase in median value, while Units have seen a 20.08% increase. As at 30 November 2025:

  • The median value for Houses in Colac is $495,973 while the median value for Units is $354,662.
  • Houses have a median rent of $470 while Units have a median rent of $390.
There are currently 26 properties listed for sale, and 6 properties listed for rent in Colac on OnTheHouse. According to Cotality's data, 245 properties were sold in the past 12 months in Colac.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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